Philippines Issues Tender to Develop 850 MW of Renewable Energy Projects

Philippines Issues Tender to Develop 850 MW of Renewable Energy Projects

The Manila Electricity Company (Meralco), a Philippines-based power distribution company, has invited bids to develop 850 MW of renewable energy projects in the country. The last date to submit bids ...
/ / Solar, Tenders & Auctions
Tax and Duty Relief Top of the Budget 2022 Wishlist of Energy Storage Companies

Tax and Duty Relief Top of the Budget 2022 Wishlist of Energy Storage Companies

The Indian energy storage market did not gain much ground in 2021. However, energy storage developers believe 2022 will witness higher capacity additions. According to Mercom India Research, India has only 20 MW ...
Battery Storage Companies Raise $17 Billion in 2021, Highest Since 2014

Battery Storage Companies Raise $17 Billion in 2021, Highest Since 2014

Global corporate funding, including venture capital (VC), public market, and debt financing, for battery storage, smart grid, and energy efficiency companies stood at $19.5 billion in 2021, according to Mercom’s 2021 ...
Electric Vehicle Sector Lays Out Expectations for Budget 2022

Electric Vehicle Sector Lays Out Expectations for Budget 2022

The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line

Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line

Here are some noteworthy cleantech announcements of the day from around the world: Photovoltaic (PV) module and component (encapsulant and backsheet) manufacturer RenewSys India commissioned a new encapsulant line. The ...
/ / Other, Renewable Energy
Daily News Wrap-Up Verizon Signs Renewable Energy PPAs Totaling 910 MW

Daily News Wrap-Up: Verizon Signs Renewable Energy PPAs Totaling 910 MW

Here are some noteworthy cleantech announcements of the day from around the world: Verizon Communications has signed seven new renewable energy purchase agreements (REPAs) for 910 MW of renewable energy ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing

Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing

Here are some noteworthy cleantech announcements of the day from around the world: Hero Electric and the Mahindra Group announced their collaboration intent as part of Hero's growth and expansion ...
/ / Other, Renewable Energy
Researchers Develop a Stable Anode Material for Sodium-Ion Batteries

Researchers Develop a Stable Anode Material for Sodium-Ion Batteries

Researchers at the Beijing University of Technology claim that they had synthesized a series of phosphorus(P)-/tin (Sn)-based composites that serve as high-capacity and high-stability anode materials, enabling a sodium-ion battery ...
/ / Energy Storage, Technology
Daily News Wrap-Up: Azure Power Commissions 600 MW  Solar Project in Rajasthan

Daily News Wrap-Up: Azure Power Commissions 600 MW Solar Project in Rajasthan

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer Azure Power has commissioned the 600 MW Interstate Transmission System (ISTS) connected solar project ...
/ / Other, Renewable Energy
Top Developments That Shaped the Electric Vehicle Industry in 2021

Top Developments That Shaped the Electric Vehicle Industry in 2021

India’s electric vehicle (EV) policies announced by the Union government and state governments saw established EV players accelerate manufacturing even as several startups entered the market in 2021. As of ...
/ / Electric Vehicles, Grid
Reliance to Acquire Sodium-Ion Battery Technology Provider Faradion for £94 Million

Reliance to Acquire Sodium-Ion Battery Technology Provider Faradion for £94 Million

Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries Limited (RIL), has signed an agreement with sodium-ion battery technology provider Faradion Limited to acquire a 100% ...
/ / Energy Storage
Australia Announces $100 Million Funding for Grid-Scale Battery Storage Projects

Australia Announces $100 Million Funding for Grid-Scale Battery Storage Projects

The Australian Renewable Energy Agency (ARENA) has announced a $100 million competitive funding round for grid-scale batteries with advanced inverters to support the grid. Expressions of interest (EoI) will open ...
Daily News Wrap-Up: India Announces ₹760 Billion for Semiconductor PLI Program

Daily News Wrap-Up: India Announces ₹760 Billion for Semiconductor PLI Program

Here are some noteworthy cleantech announcements of the day from around the world: The Indian government has announced a production-linked incentive (PLI) program worth ₹760 billion (~$10 billion) to establish ...
/ / Other, Renewable Energy
Project Finance Brief TagEnergy Acquires a 99.9 MW Battery Project for $85.8 Million

Project Finance Brief: TagEnergy Acquires a 99.9 MW Battery Project for $85.8 Million

From: Mercom Capital Group TagEnergy, a clean energy company investing in competitive generation and storage assets, has acquired a 100% stake in the 99.9 MW Lakeside battery energy storage system ...
/ / Finance and M&A, Other
New Novel Electrode Material to Unlock Affordable Renewable Energy Storage MIT

New Novel Electrode Material to Unlock Affordable Renewable Energy Storage: MIT

Researchers from the Massachusetts Institute of Technology (MIT) have developed a novel electrode material that they believe can be integrated into a semi-solid battery to store renewable energy cost-effectively. The ...
/ / Energy Storage, Technology
Daily News Wrap-Up: Tata Power to Develop 100 MW of Solar with 120 MWh Storage Project

Daily News Wrap-Up: Tata Power to Develop 100 MW of Solar with 120 MWh Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has received the letter of award from ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Delhi International Airport to Become Net-Zero by 2030

Daily News Wrap-Up: Delhi International Airport to Become Net-Zero by 2030

Here are some noteworthy cleantech announcements of the day from around the world: Delhi’s Indira Gandhi International Airport (IGIA) is set to become a net-zero carbon emissions airport by 2030 ...
/ / Other, Renewable Energy
Daily News Wrap-up: TotalEnergies to develop 500 MW of Solar Projects in Libya

Daily News Wrap-up: TotalEnergies to develop 500 MW of Solar Projects in Libya

TotalEnergies and the General Electricity Company of Libya have signed a memorandum of understanding to develop 500 MW of solar projects to supply power to the national grid. The agreements ...
/ / Other, Renewable Energy
Canadian Solar’s Module Shipments Up 22% YoY in Q3 2021

Canadian Solar’s Module Shipments Up 22% YoY in Q3 2021

Canada-based module manufacturer Canadian Solar reported net revenue of $1.229 billion in the third quarter (Q3) of  2021, a 34% year-over-year (YoY) increase over $914.36 million in Q3 2020. The company said ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Lithium-ion Battery Manufacturer Mitra Raises $20 Million

Funding and M&A Roundup: Lithium-ion Battery Manufacturer Mitra Raises $20 Million

From: Mercom Capital Group Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, raised $20 million in a Series A funding round. Social Capital led the round with the ...
/ / Finance and M&A, Other
Rooftop Solar Plus Storage Can Save C&I Consumers from Power Cuts

Rooftop Solar Plus Storage Can Save C&I Consumers from Power Cuts

India is staring at a power crisis as coal stocks at thermal plants are depleting. The Power and Coal ministries, on their part, have said that the fears of a ...
Storage Solutions Provider Yotta Energy Raises $13 Million in Series A Funding

Storage Solutions Provider Yotta Energy Raises $13 Million in Series A Funding

Yotta Energy, a U.S.-based energy storage solution provider, has raised $13 million in a Series A funding round. The company has raised a funding of $20 million to date. WIND ...
Daily News Wrap-up: Toyota Kirloskar Motor Shifts to 100% Renewable Energy

Daily News Wrap-up: Toyota Kirloskar Motor Shifts to 100% Renewable Energy

Here are some noteworthy cleantech announcements of the day from around the world: Toyota Kirloskar Motor has achieved 100% renewable energy use from June 2021 at its manufacturing facility and ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Sembcorp and Adani Receive Letter of Award for Wind Projects

Daily News Wrap-Up: Sembcorp and Adani Receive Letter of Award for Wind Projects

Here are some noteworthy cleantech announcements of the day from around the world: Sembcorp Industries' renewables subsidiary Green Infra Wind Energy received the letter of award for the project from ...
/ / Other, Renewable Energy
Solar Leasing Firm Enpal Raises $174.9 Million from SoftBank

Solar Leasing Firm Enpal Raises $174.9 Million from SoftBank

Enpal, a Germany-based solar photovoltaic and battery leasing solutions provider, said it has raised €150 million (~$174.9 million) from SoftBank Vision Fund 2 in Series C funding round. The company ...
/ / Finance and M&A, Solar